The Energy Chamber of Trinidad and Tobago is hoping for a speedy conclusion to the investigations into allegations of fraud involving the sale of oil to Petrotrin.
The Chamber says it hopes appropriate action is then taken.
It issued the following statement today:
"The Energy Chamber is very concerned about the allegations being made about fraud in the transfer and sale of oil from A&V Drilling to Petrotrin.
The Energy Chamber says the decision by BpTT not to construct the Angelin platform in Trinidad and Tobago, signals an urgent need for increased productivity in Trinidad and Tobago.
The Chamber responded to BpTT's decision via a media statement Wednesday morning.
"All responsible stakeholders in the country must be disappointed by the decision not to construct the Angelin platform in La Brea.
However, this decision has been driven by the need to ensure that natural gas is available in Trinidad & Tobago by early 2019.